In research on job satisfaction and on supervisor/subordinate relationships, there has been a focus on subordinates' satisfaction with their supervisors. In contrast, this study examined supervisor satisfaction with subordinates. Subjects (N=58) were bank supervisors attending a training program. Supervisors completed questionnaires on themselves and on their subordinates. The subordinates' questionnaires measured the functional relationship and included subscales on loyalty, cooperation, conscientiousness, willingness to work hard, follow-through, ability to think for oneself, taking and giving suggestions, honesty, and interest in the work. Entity relationships measured included biological, background, and value differences. Satisfaction with employees was measured using five questions worded positively or negatively. The results indicated that if subordinates did things in such a way as to help the supervisor reach his goals (high on functional relationship), the supervisor's satisfaction with subordinates appeared to be enhanced. The effects of entity relationship differences were not based solely on biological or other background differences, but the perceived value differences had an important effect on reported satisfaction with subordinates. Functional relationships were important in the development of supervisors' satisfaction with their subordinates even after the effects of entity relationships were taken into consideration. (ABL)